My Leadership Model Assignment Example | Topics and Well Written Essays - 2000 words

My Leadership Model - Assignment Example When I completed my Bachelor of Psychology, I decided to develop my leadership skills and abilities. Moreover, the courses that I completed in Graduate Certificate of Human Resources in 2010 and Master of Human Resources in 2011 facilitated in developing my leadership abilities. I took my determination as my motivation, and now I often realize that directing others makes an individual responsible and proud indeed. I regard leadership as the process that emphasises working collaboratively within a team or a group towards achieving common goals, at the same time respecting and appreciating the ideas and the motivation of team members. Furthermore, I believe that motivation and leadership are integral parts to each other that cannot work in isolation with one another. To a great extent, leadership requires certain essential skills, particularly in present business setting and in all the aspects of social and professional life. I consider that a few fortunate people are born with some ex traordinary qualities of leadership while others have to work on developing those qualities. Nonetheless, whether people belong to either of these categories, the ability of people to lead effectively has immense influenced workplace environment that seek employees and other people to contribute their best towards accomplishing the desired objectives. A few of the basic elements that I think are essential for being a good and effectual leader include: To be focused and well organized as well as to set goals which are achievable by the groups. A good leader is also well informed about the ongoing processes To value and consider the ideas of each team members and to appreciate those deserving ideas To motivate employees throughout the process of attaining established goals and to lead team members from front even in challenging circumstances To set examples for the group by completing his/her tasks perfectly To display courteous and friendly attitude as well as to prevent any conflict ing situation Evaluating Learning Material Through my involvement in leadership, I have learnt a number of fundamentally important aspects that have been elaborated below: When I began my career as web developer in Department of Forestry, Indonesia, I had to work as a team member. There were other members who were more experienced while I was new and had none. At the initial stage, I thought I will be capable of working as a team member though there were some rooms of doubt. I was determined and put my entire efforts to perform my task efficiently. Soon I found that I could indeed work within a team much efficiently than I had thought. The one month experience as web developer probably provided me with a unique experience and made me realize the importance of team work. After serving my work tenure as a web developer successfully, I took up a job as a programmer for the period of one month in Faculty of Forestry, University of Technolog

Economics Essay Example | Topics and Well Written Essays - 1250 words

Economics - Essay Example In 2010 the government debt was at 1105.8 billion pounds, which was 76.1% of the GDP. Of that public sector net borrowing was 10.3 billion pounds in 2010 and the public sector net debt was at 58% of the total GDP (Economic Indicators, 2011). The growth predictions by IMF have been 1.75% in 2011 and the interest rates in 2011 have been at a record low at 0.5% (UK interest rate held at record low of 0.5%., 2011). The British Chancellor George Osborne has announced plans to reduce the government spending in public sector. Restrain will be enforced on government spending like benefits for the retired, higher education, flood defenses (Spending Review 2010: George Osborne wields the Axe., 2010). As part of the plan some surgery procedures will be restricted like cataract operation, some common orthopedic surgeries. Nursing homes for aged people will be closed and funds will be rationed for IVF procedure and obesity cures (Donnelly, L. ,2010). There will be other austerity measures like bu dget cuts for many facilities like libraries, trusts, theatres, counseling and advice centers on the country (Pubic Sector Cuts: Where will they Hit?, 2011). Prior to the budget the Chancellor had said that with this budget he wanted to take the country from a course of rescue to the course of reform. According to Cameroon the level of debt and the credit crunch are the main causes for the recession. So he preferred the strategy of monetary activities to control the recession. There was a tremendous opposition for the reduction in VAT by the Gordon Brown government, which led to a loss of revenue for the government facing a shortage of fund. On the contrary, the previous government relied on borrowing to increase government expenditure. According to them it would push the economy back on a path of growth. The Gordon Brown government strongly believed in adopting fiscal changes to tackle the recession. The key features announced by Gordon Brown were a 500 billion pound plan to save t he banks and 21 billion pound of tax cuts and increase in government expenditure (Sparrow, 2009). Gordon Brown reduced the VAT by 2.5% from 17.5% to boost the household consumption. This reduced 12.5 billion pounds of tax revenue from the treasury annually. The other cuts announced by the then Chancellor Alistair Darling included extending the 120 billion pound annual rebate for the people paying tax at basic rate. Increases in the excise duty for vehicles were delayed. To discourage the foreign companies from shifting their businesses abroad tax was exempted on foreign dividends. Billions of pounds were assigned to construct roads, schools and housing projects. All these policies were framed keeping in mind the Keynesian theory of Aggregate Demand. The Aggregate Demand is the total demand for goods and services in the economy. The right hand side of the following equation gives it. Y + T = C(Y-T) + G + I(r, (Y-T)) + (X – M) Where, Y = Real Income T= Tax C(Y – T) = Con sumption which is a function of real disposable income, i.e., difference between real Income and tax. G = Government Expenditure which Is Exogenous I = Investment which is a function of real disposable income and interest rate r = rate of interest which can be flexible (endogenous) or fixed (exogenous) X = Export Income M= Import Income Therefore, (X – M) = Balance of Payment. So if we consider the price level in the vertical axis and the national output in the horizontal axis and plot the aggregate demand curve, it will be downward